Senior U.S. Official: Iran's Latest Proposal Not Sufficient to Reach Agreement
May 18 — U.S. media outlet AXIOS reports, citing a senior U.S. official and an insider, that Iran has submitted an updated ceasefire proposal. But the White House views this plan as lacking substantive improvements and insufficient to reach a workable agreement.
A separate U.S. official added that while Trump wants to finalize a deal to end the conflict, Iran has rejected many of his key demands and refused to make meaningful concessions on its nuclear program. As a result, Trump is considering resuming military action. These officials noted that if Iran doesn’t adjust its position, the U.S. will have to “negotiate with bombs.”
“The truth is, we haven’t made much real progress here,” the senior U.S. official told AXIOS. “The Iranians need to show some sincerity. We need a genuine, robust, detailed dialogue focused on their nuclear program. If that kind of dialogue can’t happen, we’ll have to have that conversation through bombs — and that would be deeply regrettable.”
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U.S. Stock Market's Three Major Indexes All Decline, U.S. Official Says Iran's Latest Proposal Insufficient to Reach Agreement
May 18 -- All three major U.S. stock indexes finished lower, with Micron Technology (MU.O) sliding nearly 3% after a brief spike of over 4%, SanDisk (SNDK.O) tumbling almost 6%, and NVIDIA (NVDA.O) dipping more than 1% following an earlier gain of over 2%.
On the news front: Iran stated that substantive differences still remain between the two sides, while U.S. officials noted Iran’s latest proposal is insufficient to reach a final agreement.
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Aave Upgrades SavingsGHO Vault to 4.25% APR, Original stkGHO Rewards to End After 7 Weeks
On May 18, Aave announced an upgrade to its SavingsGHO offering, launching a new vault that provides a 4.25% APR Aave Savings Rate.
Important update: Rewards for the legacy version of SavingsGHO—stkGHO—will end in 7 weeks. To continue earning rewards, users must manually migrate their holdings to the new vault.
This upgrade also introduces GhoRouter, a tool that lets users seamlessly swap between USDC, GHO, and SavingsGHO in a single transaction, simplifying both asset migration and access to these assets. The migration and deposit interfaces for the new vault are now live on AaveApp.
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Foreign Media Reveals Progress in US-Iran Negotiations: Persistent Differences but Limited Breakthrough, Trump's Patience Under Pressure
May 18 — Multiple media reports indicate that U.S.-Iranian negotiations on key issues remain at an impasse, with the two sides still holding significant differences over core matters including the nuclear program, terms for ending hostilities, and unfreezing Tehran’s frozen assets, though limited adjustments have been made to some technical arrangements.
Sources say the U.S., in its latest proposal, has offered to permit Iran to conduct restricted peaceful nuclear activities under International Atomic Energy Agency (IAEA) supervision and is considering phased unfreezing roughly a quarter of Iran’s frozen offshore assets. For its part, Iran is insisting on full sanctions removal and the return of all related assets, while opposing any linkage between the nuclear issue and ceasefire conditions.
In terms of the negotiation framework, Iran has put forward a plan to accept a long-term freeze of its nuclear program but has rejected complete dismantlement; Tehran also proposes transferring
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Hyperliquid defies AI Giant IPO Craze to Surge, HYPE Sees 69% Year-to-Date Gain
On May 18, Hyperliquid’s native token HYPE defied the broader crypto market slump, climbing over 5% in value. The token has now surged a remarkable 69% year-to-date, and market attention is firmly fixed on its HIP-3 pre-IPO perpetual contract ecosystem, which has racked up over $120 billion in trading volume.
Per reports, Hyperliquid has rolled out pre-listing perpetual contracts tied to upcoming IPOs of top AI firms, including SpaceX, Anthropic, and OpenAI. For context: The Cerebras perpetual contract launched by TradeXYZ has a price gap of only ~3% from its Nasdaq opening listing price—compared to a 35% deviation seen in traditional secondary markets.
Right now, Hyperliquid hosts SpaceX’s pre-IPO contract (ticker: SPCX), which carries a reference valuation of roughly $1.78 trillion. Analysts project SpaceX’s IPO could raise between $750 billion and $800 billion, while both Anthropic and OpenAI are targeting $1 trillion-plus valuations for their public offerings.
The HIP-3 model ma
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Pump.fun has increased its transfer of SOL to CEX to 174,400 tokens, worth nearly $15 million.
May 18: Per EmberCN’s monitoring, Pump.fun transferred a total of 174,400 SOL to Kraken today, valued at roughly $14.76 million.
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